An Asian Study of the Monetary and Banking Liquidity Impact on Share Prices

Following Friedman’s hypothesis that credit expansion will follow a monetary and liquidity binge, we used data from 1968-2012 in Asia (Japan, Korea, China and India) to explore this hypothesis. Our results from applying single and cointegration equations provided empirical support to the above hyp...

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Bibliographic Details
Main Authors: Tin-fah Chungand, Mohamed Ariff
Format: Article
Language:English
Published: Universiti Utara Malaysia 2016-03-01
Series:The International Journal of Banking and Finance
Subjects:
Online Access:https://www.e-journal.uum.edu.my/index.php/ijbf/article/view/8485